Waiting for break out resistance line of the triangle. - Stoch RSI indicators are crossing into an upward trend - volume is building over several days straight - also 30 and 50 MAs have levelled below the candles - they are releasing a new website shortly before releasing a new app in Q1 - they have a low circulating and total supply
I had this happen to me with BTS. Excavo had a chart, looked good, i bought in, and then the next day BTS was delisted from Bittrex. It when from like $.18 to $.09. But I didn't sell. I transferred it to Poloniex and just waited. It rebounded very nicely and is poised to reach ATHs very soon. I think the same goes for this one. It will take a little while for this one to finish going lower, but it will eventually bottom out and rebound strong. Good opportunity to pick up a few more at 30% off and dollar cost average. I would not expect this one not to make a major bounce right away. But I could be wrong. The market is looking for undervalued coins right now.
onlysuper
⋅
@WhiskeyDeltaBravo, well said. I am still optimistic. It's unfortunate that we had bad news at the time right before a breakout, but oh well. Holding my position.
j_p86
⋅
It will be delisted from Bittrex!
spcottie
⋅
Also have great feeling for MTL, 1hours chart has 3 doji candle, can consider, have great resistance between sell/buy. Haven't been low like this since 19 january. To me it has been great opportunity to buy but would be nice to have your advice on it. Thanks
nhungg
⋅
Can’t wait til metal crawl back up. Bought it 2 months ago now I’m 50% down in btc.
bhai_waqas
⋅
i'm a beginner. What i understand is if green candle break resistance (73090) thats where our entry should be isnt?
erikmeduso
⋅
So what now?
deadlyeffect
⋅
@erikmeduso, patience....this coin will be top 40 (5-6x) soon....
matzuma
⋅
Hello Excavo, Could you update this trade? Thanks you!
NerdRapture
⋅
wow, it's trading near all time lows.. broke ascending support.. should we expect lower lows?